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That tricky euro: Germany

Article Abstract:

German economic institute leaders are implying that the country will not qualify for the European single currency because its budget deficit will remain at 3.5% of its GDP, which is a half-point above the limit. Finance minister Theo Waigel is being criticized for this problem.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996

Economic aspects, Membership, European Monetary System, Public opinion, Budget deficits, Waigel, Theo

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Pain postponed: Germany

Article Abstract:

A coalition that includes both the ruling Christian Democrats and the opposition Social Democrats has embraced Chancellor Kohl's plan for financing German reunification, but the plan lacks genuine spending cuts and calls for only delayed tax hikes.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Economic policy, Government spending policy, Fiscal policy

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Subjects list: Germany

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